Answer:
Take a minority equity interest in the operation.
Explanation:
Multiple Choice
a) Sell competitive advantage to competitors.
b) Agree to import another product from the Asian market.
c) Take a minority equity interest in the operation.
d) Withhold vital process technology from the local firm.
e) Establish a franchise operation.
A turnkey strategy is a market entry position where the project is built from the ground up and turned over to the client ready to go – turn the key and the plant is operational. This is a very good way to enter foreign markets as the client is normally a government. While when one takes a minority equity interest they do not have the votes to control the operations and finances of the the company’s business.
Kaylee, the Chief Financial Officer for a metal refinery, Kaylee reasons that the company doesn't have longterm interest in the Asian market advises to take a minority equity interest in the operation in order not to lose financially.
Let x represent the number of packages Charlie needs to sell to make a monthly income of $5, 000
Since he sells cookies only in packages of 10 then he has to sell 10x to make that income. But Charlie has expenses that has to be deducted from his total sales to make that figure.
So the total expenses is $1, 500 in overhead and an extra $3.50 per material per package. So the total expenses = 1500 + 3.50x
If he has to make $5, 000 at the end of the month we have
10x - (1500 + 3.50x) = 5000
10x - 1500 - 3.50x = 5000
6.50x = 5000 + 1500 = 6500
Solving we find:
x = 1, 000 packages
Explicit costs are business expenses that are easily identifiable and can be accounted for.
1) Wages and salaries = 100,000
2) Utilities expenses = 15,000
3) Materials and Supplies = 150,000
4) Gasoline expense = 5,000
100,000 + 15,000 + 150,000 + 5,000 = 270,000 answer is C.
The audit expectation gap is caused by unrealistic user expectations. The auditors provides reasonable gap examples that would not be included in unrealistic user expectations.
NASBA believes the expectancy gap relating to fraud and going problems in a financial statement audit may be caused by a few factors: lack of knowledge by way of the general public as to what an audit is and what auditors do; inconsistent audit execution in these regions by some auditors due to lack of expertise.
The expectation hole exists while auditors and the public keep distinct beliefs about the auditors' obligations and obligations and the messages conveyed by way of audit reports. apparently, there's an opening between what the public expects and what it virtually receives.
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Answer:
$117,600
Explanation:
Boxes of Frosted Flakes ×Estimate of Box Tops to be redeemed
1,344,000×60%= 806,000
806,000- 630,000 (Box Tops redeemed) =176,400
Estimate of Box Tops left to be received /Number of Box Tops Needed per bowl
176,400/3= 58,800 Total bowls estimated to be sent to customers in future
58,800 x 2.00 (The Cost of bowls to company was $3 while the cash to be received from customer was $1)
= $117,600 Which will be the total premium liability to be recorded.
